Beware of P2P online loan "false refunds"
Our reporter Qian Qingni
From 5,000 or 6,000 at the time to only 15 at present, the number of institutions operating P2P online lending ("online loans") across the country has been declining.
The latest statistics from the regulatory authorities show that the number of online lending institutions, the number of participants, and the scale of lending have been declining for 26 consecutive months. Compared with the beginning of 2019, the loan balance has fallen by 84%, lenders have fallen by 88%, and borrowers have fallen by 73%. .
From the perspective of the industry, the "three drops", that is, the number of lenders, the scale of business, and the number of borrowers, have achieved remarkable results, but the situation is still more complicated when it comes to the remaining operating institutions.
In addition, the task of disposing of the stock business of the discontinued institution is still arduous, and there are problems of unclear and difficult to retreat.
For online loan investors, how should they view the current and next stage of the situation?
Industry experts believe that investors must be prepared for the situation, in addition to legal rights protection, they must also adjust their mentality.
"Currently, some online lending institutions have higher stock risks, and it is more difficult to withdraw benignly." According to Dong Ximiao, chief researcher of China Merchants Finance, on the one hand, the regulatory authorities must increase their efforts to consolidate the results of liquidation; on the other hand, investment The person should also have reasonable expectations for the payment work.
"Investors should not have illusions about online lending institutions."
In fact, at the press conference held by the China Banking and Insurance Regulatory Commission, Feng Yan, deputy director of the Inclusive Finance Department of the China Banking and Insurance Regulatory Commission, made it clear that all regions and departments should deal with existing risks as a core task for a longer period of time. Responsibility for disposal should be assigned to the person responsible, and a clear timetable and roadmap should be established.
Huang Zhen, director of the Institute of Financial Law of Central University of Finance and Economics, said: “The protection of creditors and debtors must be balanced.” According to the “Guiding Opinions on Promoting the Healthy Development of Internet Finance” issued by 10 departments including the People’s Bank of China: On individual online lending platforms The direct lending behavior that occurred on the above belongs to the category of private lending and is regulated by laws and regulations such as the Contract Law, the General Principles of Civil Law and the relevant judicial interpretations of the Supreme People’s Court.
Regulating the lending relationship of online lending institutions is a civil relationship and should be treated equally.
When talking about the focus of the next step, Feng Yan also said that the credit investigation department will further strengthen cooperation with localities, accelerate the process of integrating online loan credit information into the credit investigation system, and improve the joint punishment mechanism for untrustworthy borrowers.
“For the regulators, financial education and new product risk warnings should be strengthened, and benign market rules and expectations should be constructed.” Ouyang Rihui, deputy dean of the China Internet Economic Research Institute of Central University of Finance and Economics, said that investors should strengthen learning and maintain rational investment Mentality, firmly establish the concept of "financial management involves risks, investment must be cautious".
Qian Qingni